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Disclosure

The information contained herein has been prepared solely for informational purposes and is not an offer to buy or sell or a solicitation of an offer to buy or sell any security or to participate in any trading strategy. This newsletter was produced by and the opinions expressed are those of RPAG as of the date of writing and are subject to change. This research is based on RPAG proprietary research and analysis of global markets and investing. The information and/or analysis contained in this material have been compiled or arrived at from sources believed to be reliable, however RPAG does not make any representation as their accuracy or completeness and does not accept liability for any loss arising from the use hereof. Past performance is no guarantee of future results. Some internally generated information may be considered theoretical in nature and is subject to inherent limitations associated therein.
Any decision to invest according to investment advice provided by RPAG should be made after conducting such investigations as the investor deems necessary and consulting the investor’s own investment, legal, accounting and tax advisors in order to make an independent determination of the suitability and consequences of an investment.
RPAG and its affiliates do not provide tax advice. Accordingly, any discussion of U.S. tax matters contained herein (including any attachments) is not intended or written to be used, and cannot be used, in connection with the promotion, marketing or recommendation by anyone unaffiliated with RPAG of any of the matters addressed herein or for the purpose of avoiding U.S. tax-related penalties.